45953-45955 Portola Avenue

    Palm Desert, CA 92260
    • $501,000
    • STATUS: Closed
    • ON SITE: 140 days
    • ID#: 218004192DA
    Sold - 04/04/2018
    $501,000
    SOLD - 04/04/2018
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,750
      SQFT
    • $182
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Ratings & Info

    Description

    Great Location! This property will go quickly. Easy walk to El Paseo. This duplex consists of two identical condos on a corner lot each with 2 bedrooms and 2 baths set up as dual master suites. One unit already rented long term. Keep one as your vacation home and collect rent from the other or rent both units. Strong cap rate of 5.09% and one of the lowest price per sq ft of the available residential income properties in south Palm Desert. Bright, open floor plan, vaulted ceilings, fireplaces, enclosed patios off each bedroom, 2 car garage and 2 car carport, stacked washer and dryer, new dishwasher and large updated refrigerator with icemaker. This is a great opportunity to own income property in Palm Desert.

    Sold by Henry Pselos of Keller Williams Realty.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T12:28:17.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.inlandempiresold.com/homes/80483292

    45953-45955 Portola Avenue Palm Desert, CA 92260

    • Price: $475,000
    • Status: Closed
    • Updated: 58 min ago
    • ID#: 218004192DA
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,750
    SQFT
    $182
    $/SQFT
    1976
    Built
    Neighborhood:
    Shadow Mtn Fairway C
    County:
    Riverside
    Area:
    323 - South Palm Desert
    Property Description
    Great Location! This property will go quickly. Easy walk to El Paseo. This duplex consists of two identical condos on a corner lot each with 2 bedrooms and 2 baths set up as dual master suites. One unit already rented long term. Keep one as your vacation home and collect rent from the other or rent both units. Strong cap rate of 5.09% and one of the lowest price per sq ft of the available residential income properties in south Palm Desert. Bright, open floor plan, vaulted ceilings, fireplaces, enclosed patios off each bedroom, 2 car garage and 2 car carport, stacked washer and dryer, new dishwasher and large updated refrigerator with icemaker. This is a great opportunity to own income property in Palm Desert.
    Exterior Features

    Carport Spaces 4.00 Construction Materials StuccoFrame Direction Faces South Garage Spaces 4.00 Lot Features Corner LotLandscaped Lot Size Source Assessor Other Structures Two On A Lot Parking Total 8.00 Pool Private YN No Roof TileComposition Spa YN No View YN No

    Interior Features

    Appliances Gas Cooking Appliances YN Yes Average Studio Area 0 Average1 Bed Area 0 Average2 Bed Area 0 Average3 Bed Area 0 Cooling Central Cooling YN Yes Fireplace Features GasLiving Room Fireplace YN Yes Heating Natural GasCentral Furnace Heating YN Yes Interior Features High Ceilings (9 Feet+) Levels One Room Type Foyer

    Property Features

    Association Amenities Storage Area Cable Tv Expense 0.00 Cap Rate 0.00 Electric Expense 0.00 Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 0 Improvements Percent 0.00 Insurance Expense 0.00 Land Lease Amount 0.00 Land Lease YN No Land Value 0 Land Value Percent 0.00 Laundry Equipment Own Lease Own Laundry Income 0.00 Licenses Expense 0.00 Maintenance Expense 0.00 Maintenance Percent 0.00 Net Operating Income 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 0 Number With Dishwasher 0 Number With Disposal 0 Number With Patio 0 Number With Range 0 Number With Refrigerator 0 Operating Expense 0.00 Operating Expense Percent 0.00 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Personal Property Amount 0 Personal Property Percent 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Security Expense 0.00 Security Features Fire And Smoke Detection System Sold Cap Rate 0.00 Special Listing Conditions Standard Subdivision Name Other Shadow Mtn Fairway C Supplies Expense 0.00 Tax Rate 0.00 Taxes Percent 0.00 Tenant Pays Trash Collection Total Actual Rent 0.00 Total Expenses 0.00 Trash Expense 0.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Walk Score 0 Water Sewer Expense 0.00 Water Source Public Workmans Compensation Expense 0.00

    Listing provided courtesy of Henry Pselos of Keller Williams Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T12:28:17.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    Hemet CA, 92545